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Pirates Cut Saudi Tanker Ransom to $15M

Discount from $25M after biggest maritime hijacking in history

By Matt Cantor,  Newser Staff

Posted Nov 24, 2008 8:32 AM CST

(Newser) – After the biggest hijacking in maritime history, Somali pirates have cut their ransom demand for a Saudi supertanker from $25 million to $15 million, Reuters reports. The Sirius Star, carrying $100 million in oil and 25 international crew members, was nabbed southeast of Kenya and...   Read full story »

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